Shaktikanta Das Appointed as Principal Secretary-2 to PM Modi

Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed Principal Secretary-2 to Prime Minister Narendra Modi. His appointment, approved by the Appointments Committee of the Cabinet (ACC), will remain co-terminus with the tenure of the Prime Minister or until further orders.

Das, a retired IAS officer of the 1980 batch, brings extensive experience in both fiscal and monetary policy, making him one of the most uniquely qualified officials to serve in this role. Before serving as the Governor of the RBI, he held key positions in the Ministry of Finance, including Revenue Secretary and Economic Affairs Secretary, where he played a crucial role in India's financial and economic policymaking.

His appointment comes at a crucial time as India navigates global economic challenges, trade tensions, currency fluctuations, and efforts to sustain economic growth. Das's expertise in handling fiscal and monetary policy places him in a strategic position to help the government tackle these economic headwinds effectively.

Having served at both North Block (Ministry of Finance) and the RBI, Das possesses a deep understanding of financial regulation, inflation control, and economic growth strategies. His tenure at the central bank saw him lead India through critical reforms, including demonetization, inflation targeting, and banking sector stabilization.

Das's leadership is expected to play a key role in ensuring economic stability, policy coherence, and strategic financial decision-making at the highest level of government. His deep insights into public finance, market regulation, and economic reforms will strengthen the PMO's economic policy framework, aligning with India's long-term growth and development objectives.